Hong Kong Virtual Asset Exchange Limited Secures VATP License

According to PANews, the Hong Kong Securities and Futures Commission (SFC) has updated its list of virtual asset trading platforms. Hong Kong Virtual Asset Exchange Limited (HKVAX) has obtained a VATP license, making it the third licensed virtual currency platform in Hong Kong. HKVAX announced that in addition to offering over-the-counter (OTC) trading, trading platform services, and custody services, it will also focus on providing Security Token Offerings (STO) and Real-World Asset (RWA) tokenization services.